Lippo Group
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ARTICLES (274)
With New Hope Group, one of China’s biggest agriculture and food businesses, as its cornerstone investor, HosenCare Brothers had operated as a PE arm within the group for nearly a decade. In 2017, it began to operate under its current name. It currently manages assets worth more than RMB 3bn, and mainly invests in sectors of medtech, healthcare, biotechnology and smart manufacturing.
With New Hope Group, one of China’s biggest agriculture and food businesses, as its cornerstone investor, HosenCare Brothers had operated as a PE arm within the group for nearly a decade. In 2017, it began to operate under its current name. It currently manages assets worth more than RMB 3bn, and mainly invests in sectors of medtech, healthcare, biotechnology and smart manufacturing.
Srinivasa Hatcheries is part of the SH Group that was set up in 1978. Based in Hyderabad, the diversified public-listed group started in poultry farming in 1965. Its first disclosed startup investment was in the Series A round of alternative protein startup String Bio in 2019.The Mega Food Park is a hi-tech chicken and egg processing facility. The Srinivasa farms also manufacture and supply poultry feed in India. Its HiPro Soybean meal has the most concentrated amount of protein in the market. The group is also involved in agriculture, goat breeding and food retailing.
Srinivasa Hatcheries is part of the SH Group that was set up in 1978. Based in Hyderabad, the diversified public-listed group started in poultry farming in 1965. Its first disclosed startup investment was in the Series A round of alternative protein startup String Bio in 2019.The Mega Food Park is a hi-tech chicken and egg processing facility. The Srinivasa farms also manufacture and supply poultry feed in India. Its HiPro Soybean meal has the most concentrated amount of protein in the market. The group is also involved in agriculture, goat breeding and food retailing.
Co-founder of Printerous, Co-founder and CEO of SweetEscape
David Soong graduated in Marketing at Seattle University, USA. He is a serial entrepreneur and owner of SweetEscape, a holiday photography company that provides photography services in over 300 cities around the world. David also runs two other businesses which he co-founded in 2002: AXIOO, a photography and videography company specializing in weddings, engagements and family portraits; and the Boga restaurant group that manages Pepper Lunch, Bakerzin, Paradise Dynasty and Shaburi.
David Soong graduated in Marketing at Seattle University, USA. He is a serial entrepreneur and owner of SweetEscape, a holiday photography company that provides photography services in over 300 cities around the world. David also runs two other businesses which he co-founded in 2002: AXIOO, a photography and videography company specializing in weddings, engagements and family portraits; and the Boga restaurant group that manages Pepper Lunch, Bakerzin, Paradise Dynasty and Shaburi.
Co-founder, CPO and Growth Hacker of Fabelio
Before becoming co-founder, CPO and growth hacker at Fabelio in February 2016, Filippo Lombardi was a commercial director at Linio Panama electronic marketplace until December 2015. He had also worked at the Lazada Group in Indonesia since September 2012 as the head of web analytics and as onsite UX optimization marketing VP for Southeast Asia until 2014. Filippo obtained a bachelor’s in Business Administration and Management and a master’s in Economic and Social Sciences from Bocconi University in Italy.
Before becoming co-founder, CPO and growth hacker at Fabelio in February 2016, Filippo Lombardi was a commercial director at Linio Panama electronic marketplace until December 2015. He had also worked at the Lazada Group in Indonesia since September 2012 as the head of web analytics and as onsite UX optimization marketing VP for Southeast Asia until 2014. Filippo obtained a bachelor’s in Business Administration and Management and a master’s in Economic and Social Sciences from Bocconi University in Italy.
Co-founder and CEO of Synergo
Domenico Tukiman is a Business Administration graduate from the University of Southern California, USA. As an undergraduate between 2012 and 2015, he interned at companies in the US and Indonesia, including Ernst & Young, Boston Consulting Group and PwC. After graduating in 2015, he worked at ARIS, an investment consulting firm based in California before returning to Indonesia in 2017 to establish Synergo, a human resources management software startup.
Domenico Tukiman is a Business Administration graduate from the University of Southern California, USA. As an undergraduate between 2012 and 2015, he interned at companies in the US and Indonesia, including Ernst & Young, Boston Consulting Group and PwC. After graduating in 2015, he worked at ARIS, an investment consulting firm based in California before returning to Indonesia in 2017 to establish Synergo, a human resources management software startup.
President and co-founder of Wallapop
Agustín Gómez (b. 1979) is a co-founder and President of Wallapop, based in Barcelona, Spain. Together with Gerard Olivé and Miguel Vicente, he set up Wallapop in 2013. Before setting up Wallapop, Gómez attended ESADE Business School where he studied Sales Management, Distribution and Marketing Operations. He also worked as a Business Consultant for Accenture and Boston Business Group and worked in innovation and business development at iSOCO.
Agustín Gómez (b. 1979) is a co-founder and President of Wallapop, based in Barcelona, Spain. Together with Gerard Olivé and Miguel Vicente, he set up Wallapop in 2013. Before setting up Wallapop, Gómez attended ESADE Business School where he studied Sales Management, Distribution and Marketing Operations. He also worked as a Business Consultant for Accenture and Boston Business Group and worked in innovation and business development at iSOCO.
Former co-founder of Defined.ai
Amy Du is Co-founder of DefinedCrowd and was CEO from its founding in October 2015 until September 2016. She is originally from Beijing, China and is now based in Seattle, where she is Founder and CEO of VestLink Group, connecting innovators and startups internationally. She has also worked at DGT Information Systems, Chinasoft International and iSoftStone North America, driving growth in the three entities. She holds degrees from the University of Sheffield, UK, and from Beijing Jiaotong University.
Amy Du is Co-founder of DefinedCrowd and was CEO from its founding in October 2015 until September 2016. She is originally from Beijing, China and is now based in Seattle, where she is Founder and CEO of VestLink Group, connecting innovators and startups internationally. She has also worked at DGT Information Systems, Chinasoft International and iSoftStone North America, driving growth in the three entities. She holds degrees from the University of Sheffield, UK, and from Beijing Jiaotong University.
Founder and CEO of Wahyoo
Peter Shearer is a marketing communications professional who co-founded of AR&Co, a company under the WIR advertising group, that provides augmented reality-based interactive ads. As WIR's Chief Business Development Officer, he also co-founded DÄV, which creates AI-enabled interactive advertising platforms for FMCG brands in convenience stores. Peter left his position at WIR and its affiliated companies in 2017 to establish Wahyoo, an Indonesian startup that upgrades traditional roadside eateries to boost their owners' incomes.
Peter Shearer is a marketing communications professional who co-founded of AR&Co, a company under the WIR advertising group, that provides augmented reality-based interactive ads. As WIR's Chief Business Development Officer, he also co-founded DÄV, which creates AI-enabled interactive advertising platforms for FMCG brands in convenience stores. Peter left his position at WIR and its affiliated companies in 2017 to establish Wahyoo, an Indonesian startup that upgrades traditional roadside eateries to boost their owners' incomes.
Fides Capital is a private investment group aimed at tech-based B2B startups with scalable business models and products or services already in the market.Fides Capital is part of a larger group Perennius, comprising investment professionals with a focus on financial products, real estate and high growth companies. Success stories funded include Masmovil that has grown into the fourth largest telephone operator in Spain.
Fides Capital is a private investment group aimed at tech-based B2B startups with scalable business models and products or services already in the market.Fides Capital is part of a larger group Perennius, comprising investment professionals with a focus on financial products, real estate and high growth companies. Success stories funded include Masmovil that has grown into the fourth largest telephone operator in Spain.
Co-founder and COO of Kudo
Agung Nugroho, a graduate in Chemical Engineering at the Institut Teknologi Bandung in Indonesia, began his career at Jakarta’s Boston Consulting Group in 2008. He was promoted to a consultant role in 2012 but left later that year to embark on an MBA program at the Haas School of Business, UC Berkeley. In 2014, he co-founded PT Kudo Teknologi Indonesia, an online-to-offline startup. Agung is also a curator at the Global Shapers Community, a youth-centric initiative by the World Economic Forum.
Agung Nugroho, a graduate in Chemical Engineering at the Institut Teknologi Bandung in Indonesia, began his career at Jakarta’s Boston Consulting Group in 2008. He was promoted to a consultant role in 2012 but left later that year to embark on an MBA program at the Haas School of Business, UC Berkeley. In 2014, he co-founded PT Kudo Teknologi Indonesia, an online-to-offline startup. Agung is also a curator at the Global Shapers Community, a youth-centric initiative by the World Economic Forum.
Co-founder, Director and CTO of Travelio
After graduating in 2008 with a bachelor’s in Computer Science from Purdue University, USA, Hendry Rusli worked for Motorola Solutions as a software engineer for a year before returning to Indonesia to become a software development entrepreneur.In 2014, he started working with a property company PT Surya Semesta Internusa Tbk that was owned by Christina Suriadjaja’s father. Armed with over eight years of programming and software development experience, Hendry was roped in to help build the Travelio platform for the property group.
After graduating in 2008 with a bachelor’s in Computer Science from Purdue University, USA, Hendry Rusli worked for Motorola Solutions as a software engineer for a year before returning to Indonesia to become a software development entrepreneur.In 2014, he started working with a property company PT Surya Semesta Internusa Tbk that was owned by Christina Suriadjaja’s father. Armed with over eight years of programming and software development experience, Hendry was roped in to help build the Travelio platform for the property group.
Co-founder of Mindstores
Senja Lazuardy is an IT jack-of-all-trades, with skills ranging from Linux system administration to augmented reality. After graduating from Universitas Al-Azhar Indonesia, he worked for two years as a Linux system administrator and consultant. He later joined augmented reality startup AR&Co as its head of IT. Under his leadership, the company worked with big names like Disney, Nissan and Unilever. He is currently the IT director of Slingshot, formerly known as AR&Co, that is owned by the WIR Group.
Senja Lazuardy is an IT jack-of-all-trades, with skills ranging from Linux system administration to augmented reality. After graduating from Universitas Al-Azhar Indonesia, he worked for two years as a Linux system administrator and consultant. He later joined augmented reality startup AR&Co as its head of IT. Under his leadership, the company worked with big names like Disney, Nissan and Unilever. He is currently the IT director of Slingshot, formerly known as AR&Co, that is owned by the WIR Group.
Co-founder of Xpeng Motors
In 2011, Yang earned his master’s degree in Control Science and Engineering from the Harbin Institute of Technology. From 2011 until January 2015, he worked as an electric vehicle project manager at Guangzhou Automobile Group Co., Ltd. In June 2014, he co-founded Xpeng Motors with He Xiaopeng, Xia Heng and He Tao in Guangzhou. After leaving Xpeng Motors in 2017, Yang joined Qeebike, an electric bike-sharing startup based in Hangzhou, and has served as its CTO ever since.
In 2011, Yang earned his master’s degree in Control Science and Engineering from the Harbin Institute of Technology. From 2011 until January 2015, he worked as an electric vehicle project manager at Guangzhou Automobile Group Co., Ltd. In June 2014, he co-founded Xpeng Motors with He Xiaopeng, Xia Heng and He Tao in Guangzhou. After leaving Xpeng Motors in 2017, Yang joined Qeebike, an electric bike-sharing startup based in Hangzhou, and has served as its CTO ever since.
R&D Head of Alén Space
Diego Nodar López is co-founder and head of R&D at Alén Space, where he is responsible for the development of the company's proprietary hardware and software. Nodar began his career at Vigo University's Aerospace Group, before working at Alén Space and the Aerospace Innovation Center in Galicia. Nodar studied telecommunications engineering, computing and electronics at Spain's Vigo University and holds a degree in Radiocommunication and Electromagnetic Engineering. He is currently pursuing his PhD in Space Technology.
Diego Nodar López is co-founder and head of R&D at Alén Space, where he is responsible for the development of the company's proprietary hardware and software. Nodar began his career at Vigo University's Aerospace Group, before working at Alén Space and the Aerospace Innovation Center in Galicia. Nodar studied telecommunications engineering, computing and electronics at Spain's Vigo University and holds a degree in Radiocommunication and Electromagnetic Engineering. He is currently pursuing his PhD in Space Technology.
Co-founder of DuduBus
A graduate of Guangdong University of Foreign Studies, Chen Zhichao worked as a product manger at Tencent's Interactive Entertainment Group for three years before he co-founded DuduBus in 2015. He has since worked as its marketing director.
A graduate of Guangdong University of Foreign Studies, Chen Zhichao worked as a product manger at Tencent's Interactive Entertainment Group for three years before he co-founded DuduBus in 2015. He has since worked as its marketing director.
E-wallet unicorn OVO’s future in question amid Lippo's divestment, talk of DANA merger
As even the conglomerate giant feels the pain of OVO's aggressive cash-burning, should digital payments players rethink their strategy to gain market share, beyond the usual discounts and subsidies?
A new unicorn rises as OVO's $1bn valuation confirmed
The Lippo Group subsidiary continues to grow in strength as it battles for market share with Gojek’s e-wallet and others
Venturra Capital's Raditya Pramana: Bear market "very close now"
In an interview, the Indonesian VC firm's newest partner also charts out the course for their new fund, Venturra Discovery
QRIS: Will the new QR code standard rewrite Indonesia’s e-payments scene?
Enabling interoperability, the QRIS seeks to level the playing field until now dominated by GoPay and OVO – disruption that could go beyond the e-wallets scene
Amidst a flurry of funding from overseas, local players urge a review of startup ownership rules in Indonesia
Indonesian local crafts marketplace Qlapa shuts down
Series A funding failed to keep startup afloat as business remains unprofitable, regional heavyweights close in
Quant Group makes personal loans safer, easier in China
Using big data and AI, Chinese fintech startup Quant Group simplifies and accelerates loan processing, and assures monetary security for financial institutions
Beyond ride-hailing: Gojek, Grab and all their friends
Now that Grab and Go-Jek are in a faceoff on a regional scale, here's a look at how Southeast Asia's two biggest unicorns – and their investors – could be shaping the local digital economies and startup ecosystems
MBiz: Working toward the "tipping point" of e-procurement mainstreaming
Trusted by multinationals and conglomerates, Mbiz wants to take e-procurement mainstream by also working with municipal governments
With universal QR code, Indonesia achieves e-payment harmony
The move to standardize Indonesia's QR code is expected to unify the country's cashless payments system and lift tens of thousands of small merchants into the payments mainstream
New Ventures Innovation: Prasetiya Mulya University takes on student entrepreneurship
To prepare a new generation of startup founders, Prasetiya Mulya University combines theoretical education with real-life exposure to the startup world
Bobobobo: Indonesian luxury at a click
Amid a booming local e-commerce market, this startup carves a niche for itself in upscale trending goods and experiences influenced by Indonesia’s rich traditions
Xtrem Biotech, an agritech startup from Granada, seeks global expansion
With its research roots in the University of Granada, Xtrem Biotech was named one of the world's most innovative agtech spin-offs by accelerator TERRA Food & AgTech
Gojek and Tokopedia merge to form GoTo
The new entity, now Indonesia’s largest tech group, plans to go public in Indonesia and the US, targeting a $40bn valuation
Meituan-Dianping’s Wang Xing: From struggling copycat to IPO billionaire
As the internet startup sets to list in Hong Kong this week, we take a look back at the journey of its founder Wang Xing, once dubbed “the unluckiest serial entrepreneur”
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